27 Aug Which new shops and stores are coming to Boca Raton?
by Alexandra Clough
Posted Aug 26, 2019 at 2:25 PM
Summer may be winding down, but two Boca Raton shopping centers are gearing up to welcome new restaurants and stores.
At the Town Center at Boca Raton mall on Glades Road, plans are to bring a restaurant dubbed Rex Baron to the wing that features Nordstrom. Rex Baron is an eatery designed to feel like entertainment, in this case, a post-apocalyptic-theme.
The 8,200-square-foot restaurant, opening in the former Davinci’s Italian Restaurant space, is described as both casual and upscale and features modern American cuisine.
The restaurant has created a vigilante character, Rex Baron, which will be featured in art exhibits and background stories.
There’s even a virtual reality room dubbed VREX for added immersion in the multi-sensory theme.
The stressful-sounding eatery also features a bar, perhaps to provide relief from all the end-of-the-world reminders.
Rex Baron, expected to open in October, has one other location in Philadelphia.
Another restaurant coming to the mall this fall is La Boulangerie Boul’Mich, a French bakery with a Latin twist.
In addition, Joseph’s Classic Market will open at the end of 2020 in the former Pinon and Blue Martini space.
Meanwhile, at Uptown Boca, a new shopping center under construction west of Boca Raton, more restaurants and shops are joining the tenant roster.
Coming to the mixed-use center will be Lynora’s Osteria, an Italian restaurant with sister locations on Clematis Street in West Palm Beach and in Jupiter.
Other tenants coming are Olive U Mediterranean Grill, Paradise Grills (which sells outdoor grills), Tipsy Salonbar, plus F45 Training fitness studio and Sport Clips Haircuts.
They join other previously announced tenants Lucky’ Market organic grocer, Silverspot Cinema, Chick-fil-A, Bolay and BurgerFi.
Uptown Boca will feature 155,000 square feet of retail and 456 luxury apartments. The 38-acre project is being developed by Schmier Property Group, Giles Capital Group and Rosemurgy Properties in partnership with Wheelock Street Capital.
Uptown Boca, at Glades Road and 9th Avenue South, is set to open in 2020.
(Click Here for the full The Palm Beach Post article)
About Schmier Property Group
Schmier Property Group is a diversified commercial real estate investment, development and management company located in Boca Raton, Florida. The principals, Brian Schmier, CEO, and Robert Schmier, President, have extensive development experience with a specialization in retail. The company invests directly and with partners across all asset classes including retail, office, industrial, self-storage and multifamily. The most recent project by the principals (through affiliate Schmier & Feurring Properties) is the ground up development of Park Place, the grocery-anchored retail portion of a mixed-use project located in Boca Raton, Florida. Schmier & Feurring Properties began in south Florida in 1981 and has developed/owned over 1 million square feet along Glades Road, including University Commons, Towne Plaza, Corporate Center, West Boca Place, Somerset Shoppes and Mission Bay Plaza.
About Rosemurgy Properties
Rosemurgy Properties, headquartered in Boca Raton, Florida, is a privately owned commercial real estate development, investment and management firm with more than 40 years of experience in the industry. The company maintains a diversified portfolio over several asset classes which include multifamily, self-storage, retail and office. Rosemurgy Properties has developed and acquired over 2 million square feet of commercial real estate in the past 15 years in various partnerships. A developer that has been at the forefront of trends in their respective markets, Rosemurgy Properties is involved with a number of notable projects such as Uptown Boca, the Florida Atlantic University Research Park and Innovation Centre, as well as University Park, the first purpose-built student housing development in Palm Beach County. The company, which includes general contracting, property management and asset management services, owns commercial properties throughout Florida and the Carolinas.
About Giles Capital Group
Giles Capital Group is a real estate investment and development firm focused on multifamily rental communities in Florida. Over the past 30 years, founder Rick Giles has been responsible for the performance of over 25,000 apartment units throughout the southeastern and mid-Atlantic regions of the United States. In 2013 Giles Capital Group teamed up with Rosemurgy Properties to form a joint venture, Park Partners Residential, for the purpose of acquiring, developing, and managing multifamily assets.
About Wheelock Street Capital
Wheelock Street Capital was formed in 2008 by Rick Kleeman and Jonathan Paul, two veteran real estate private equity investors, each with over 25 years of broad real estate transaction experience across all major asset classes. Wheelock has since raised over $2 billion in capital commitments and is currently investing its fifth fund comprising $725 million of commitments from leading pension funds, endowments and foundations. Wheelock will invest in a broad range of real estate assets throughout the United States. The fund may invest directly or with high quality joint venture partners through a variety of capital structures and transaction types, including acquisitions, restructurings, and recapitalizations.
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